Why mining companies must improve efficiency through better management of the data they gather
By John Bacon and Christie Webb
Exploration site data that is well managed and fully utilized by a company can provide
a significant competitive advantage. A key element in maximizing this advantage is
leverage: the ability to use data for multiple purposes.
Driven by a need to maximize return on investment, many mining companies use the latest technologies to squeeze out the maximum recoveries in the ore they process.
Yet most of them do not fully leverage their return on another type of investment- in the data that they have gathered about the mine site. Those that do, can gain a significant advantage in shorter timelines, lower costs and more certain regulatory approvals through all stages of the mine’s life….more at E&MJ